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Financial Results 1Q 2019
Stories
10 years of “Hera INSIEME”, or “Hera TOGETHER”
Ten years ago, in 2009, “Hera INSIEME” was born. It represented the community dedicated to the citizens served by the Group, who could enjoy several offers reserved for them, collect significant discounts in local stores and participate to exclusive events. A concrete initiative, aimed at maintaining social cohesion in the local community in a period of deep crisis.
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Financial Results 1Q 2019
Hera on stock exchange
Hera’s Shareholders Meeting reflects the continuous evolution of the Company and its shareholders
On 30 April 2019, Hera held the first Shareholders Meeting after the inclusion of its shares in the FTSE MIB index, on 18 March 2019. The level of participation and the quality of the speeches reveal the ongoing changes inside the Company and the expectations of its shareholders.
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Financial Results 1Q 2019
Looking at the figures
Focus on Q1 2019 results
Results achieved in Q1 2019 prove Hera continuing growth, while showing a performance on track with the Business Plan. Consolidated EBITDA grows by 2.5%, benefitting above all from the positive contribution of regulated businesses, where the tariff systems remunerates the efficiency and quality of Hera’s operational effort.
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Financial Results 1Q 2019
Message from the executive chairman of the board
A wide range of initiatives to execute the strategy
Following strong performance in 2018, also the first quarter of 2019 shows growing KPIs in the P&L, which leverage on the contribution of all main business areas. Moreover, since these results only partially reflect the activities already launched in 2018 and those coming from new projects, the visibility of the 200 mn€ EBITDA target indicated in the Business Plan to 2022 is even stronger.